Embarrassing ECB QE per 18 euros to create only 1 euros GDP growth visualboyadvance

The embarrassment of the European Central Bank: every 18 euro QE created only 1 euro GDP growth experienced a year and a half quantitative easing (QE), the euro zone economy is still weak, inflation is still hovering around zero, GDP growth has not slowed but there are signs of accelerating. Research institutions Gefira data obtained by the European Central Bank, to bring 1 euros GDP growth, the need to implement a 18.5 euro QE, this also means that every month almost 80 billion euros "cast to waste". This year, the European central bank asset purchase plan of about 600 billion euros, while the euro area GDP grew by $31 billion. From the financial blog ZH:9 at the beginning of this month, starting in March 2015 the European central bank debt purchase plan over 1 trillion euros mark, Holland cooperative bank data show that 1/7 of this figure is roughly equivalent to the euro zone government and agency bonds total. The European Central Bank’s balance sheet is fast approaching the Fed: but the debt purchase plan even negative interest rates have helped the economy road to rapid recovery: Citi credit analyst Hans Lorenzen said that the European Central Bank has injected too much money, the cost of QE project cost is far higher than its benefits. Behind this is actually a monetary policy limit theory or liquidity trap problem, a long time around the topic of discussion is very much. But Europe is special, the ECB did not release liquidity into the real economy, but also the European stock market downturn in the U.S. stock market is still in a stubbornly high, Chinese experienced a bullish stock market, the bond bull market, now the property market is still high fever. More exciting content to pay attention to WeChat search public number: Tencent Finance (financeapp).相关的主题文章:

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